Daily Pivots: (S1) 0.8508; (P) 0.8529; (R1) 0.8566; More… Range trading continues in EUR/GBP and intraday bias remains neutral. With 0.8365 support intact, further rise is in favor. On the upside, break of 0.8617 will Read more…
Daily Pivots: (S1) 1.4856; (P) 1.4918; (R1) 1.5001; More… Intraday bias in EUR/AUD remains neutral for the moment. Pullback from 1.5277 might have completed at 1.4759. Above 1.5039 will turn bias to the upside for Read more…
Daily Pivots: (S1) 1.0371; (P) 1.0393; (R1) 1.0410; More…. Intraday bias in EUR/CHF remains neutral for the moment. On the upside, decisive break of 1.0513 will resume the whole rebound from 0.9970, for 1.0610 structural Read more…
Daily Pivots: (S1) 0.7009; (P) 0.7074; (R1) 0.7109; More… AUD/USD’s rebound from 0.6828 should have completed at 0.7282 already. Intraday bias is now back on the downside for 0.6828 support first. Firm break there will Read more…
Daily Pivots: (S1) 1.2709; (P) 1.2760; (R1) 1.2840; More… Intraday bias in USD/CAD remains on the upside. Rise from 1.2516 will target a test on 1.3075 resistance next. Sustained trading above 1.3022 fibonacci level will Read more…
Daily Pivots: (S1) 1.0469; (P) 1.0555 (R1) 1.0605; More… Intraday bias in EUR/USD remains on the downside for retesting 1.0348 and 1.0339 long term support. Decisive break there will resume larger down trend. On the Read more…
Daily Pivots: (S1) 1.2242; (P) 1.2380; (R1) 1.2459; More… Intraday bias in GBP/USD remains on the downside for retesting 1.2154 low. Firm break there will resume larger down trend. Next target is 61.8% projection of Read more…
Cryptocurrency prices continue their descent. It’s hard to say when they’ll hit rock bottom. Things are not looking up for cryptocurrency investors. Prices continue to fall and it is not about to stop. Bitcoin, the Read more…
BoJ Governor Haruhiko Kuroda told the parliament today that recent sharp yen falls are “negative and undesirable” to the economy. The depreciations raise uncertainty over the outlook and make it difficult for companies’ business planning. Read more…
Overview: Higher oil prices and very tight labour markets continue to keep inflation pressures high. There is some relief, though, from lower gas prices and some foodstuff prices. The decline in freight rates has come Read more…